Slow-Growth Japan MAIN INDUSTRIES: Those rooted in the domestic economy, especially banks, property, construction, retailing, and local manufacturing. COSTS: Too high, because of overregulation, protected markets, rich prices of imported goods, and lofty wages. STOCK PRICES: Under pressure from threat of deregulation, problem loans, low consumer confidence. FINANCES: A problem, since banks are not lending and business failures are increasing. COMPETITIVENESS: Weak. Reliant on trade barriers that are slowly dropping. DATA: BLOOMBERG FINANCIAL MARKETS

Updated June 15, 1997 by bwwebmaster
Copyright 1997, by The McGraw-Hill Companies Inc. All rights reserved.
Terms of Use